Thursday, July 19, 2018 2:31:57 PM
BobDoleYahoo Wednesday, 09/20/17 10:14:35 AM
Re: None 0
Post # of 10045
$428 a share is my modest calculation. Young whipper snappers (the newer generations) like to go out to the movies. 36% of Americans enjoy going to the movies, or 115 million+ Americans. Even if less than half of them bought Movie Pass, at 50 million, we take half at 25 million (51% stake in the company) x $10 per month x 12 months = $3 billion annual revenue. Netflix does $8 billion and their market cap is $80 billion. So if we take $3 billion x 10 = $30 billion, we can say that’s probably about the same market cap. Assume there's been a lot of dilution then, say 70 million shares instead of 7 million shares. $30 billion / 70 million shares = $428 per share. What’s going to happen is there will be a lot of stock splits along the way, increasing liquidity. This is a no brainer hold. At the very least hold like $5K in this stock and watch your future come to you. It’ll grow to $350K+ in a few years.
https://www.cbsnews.com/news/cbs-news-poll-americans-and-the-movies/
So we have dilution and based on your post the whipper snappers should have sold back then?
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